Goods and Services Tax
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Kerala HC: Detention of Goods lawful, compliance with GST Rule 138A upheld
No Penalty for Technical Error in e-Way Bill Part B: Allahabad HC
Weekly newsletter from Chairman, CBIC dated 19/02/2024
Section 73(5) Voluntary Deposit can be treated as Mandatory Appeal Pre-Deposit: Bombay HC
Delhi HC ordered GST registration cancellation from application date; compliance required by petitioner
GST: Kerala HC Grants Extension for Penalty Appeal Filing
Delhi HC Stay: DVAT Registration Misused for GST ITC Availment
Delhi HC Sets Aside Cryptic GST Refund Rejection Order
Allahabad HC Quashed order rejecting GST appeals as time-barred; Appeals to be reheard
Allahabad HC: Quashed penalty for e-way bill errors, no tax evasion intent
No personal hearing; Order set aside, remit for fresh decision: Allahabad HC
Absence of E-way bill: No Penalty until department proves intention to evade tax
CA Certificate required to be considered by department while disallowing ITC claim
Refund of taxes to unregistered buyers upon cancellation of construction service agreement
Goods and Services Tax India
The Goods and Services Tax or better known as GST is a Value added Tax and is a comprehensive indirect tax which is levied on the manufacture, consumption, and sale of goods and services. The Goods and Services Tax in India would replace all the indirect taxes which are levied today on goods and services by the Central and the State governments. GST is intended to be comprehensive for most of the goods and services. Goods and Services Tax is a single indirect tax for the entire nation, which would make India a unified market. It is proposed to be a single tax on supply of goods and services, from a manufacturer to the end consumer. The credit of all the input taxes which are paid at each and every stage would be allowed in the following stages of value addition that makes GST basically a tax on value addition only at every stage. The end consumer would have to bear only the Goods and Service Tax which is charged by the final dealer within the supply chain, together with all the set-off benefits availed at previous stages.
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